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January 10, 2020
Benefits and Shortcomings of a Confectionery Fundraiser for schools
Preliminary to the decision of the right fundraiser for your school, it is of great value to understand the pros and cons that come with each of the fundraising programs available options. In this article, we will look at the pros and cons of candy bar fundraiser to help you go through potential problems and host an effective fundraiser.
To begin, lets start with the benefits because the positive effect of selecting the candy fundraiser is evident in the past decisions. The candy bar fundraisers are great for sports teams, school groups, organizations and are popular in high schools and elementary schools who earn profits quickly by their aid since they give the following advantages.
To start with, Candy Bar Fundraisers provide the planners good revenues where smaller groups benefit the most. Candy bar fundraising gives the organizers a profit of up to 50{ab49e96932a4f18f3b16cacf91efda6e8c42e0826f573968c543bb31d90a5760} which is unheard of in the business world.
The second advantage is that candy bars is an easy fundraising idea since the candy bars are inexpensive and therefore will not be hard to sell. A dollar or two is all that a person need to have to buy, a price that brings about more buyers.
Moreover, students love this alternative considering that they would rather sell candies but not catalog items. This enthusiasm is sometimes activated by letting students play an active role in choosing the candies they want to sell.
The last advantage is that this type of a fundraiser does not call for a large order so as to break even and hence great for small groups too. Despite the size, any size of an organization is able to support such a fundraising event with a view that one of two cases of this candy bars only go for a few hundred dollars.
With the conclusion of the advantages, we now delve into the disadvantages. In consistency with the nature of other things that have pros, candy bar fundraisers also have the following cons.
Firstly, because buying comes before selling, this method needs to have an initial investment. If the school fails to sell all the purchased candy bars, there would be a reduction in profit and a high stock level.
Secondly and finally, damage or loss can occur to the candy bars mostly during summers when melting is an uncontrollable threat. As measures to cushion the candy from the above threats, the organizer needs to keep on looking and ascertaining the stock, brainstorm on how to protect the candy from the sun and to keep collecting money from the students making the sales to minimize the chances of losing it.
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